SITS (Southern ITS International, Inc.) has garnered some major attention today, closing up 167.57% after the release of major news. With this movement, it proved to be one of the top penny stock plays of the day. Those looking for powerful penny stock alerts should look into our Platinum Level Membership package, that allows you to receive our top penny stock alerts ahead of free members. Our platform has seen profit potential of more than 4,000% gains for subscribers over the course of the past 5 months. Sign up to our VIP level Platinum Membership package at www.pennystockdream.com/platinum
The news announcement earlier, was released at 8 am, showing that they have completed their restructuring program, which has now officially changed their ticker symbol from "ALCD" to "SITS." The announcement also covered that the the company has put into practice a "forward 2-for-1 split of its common stock. In addition, the Company intends to pursue its plan to become a fully-reporting Company and potentially being listed on the OTCQB."
This sort of activity is very rare to see with any penny stock, especially the push for a forward split. Usually it is the case that companies trading in the pennies put forth "Reverse Split" efforts, which in the long run, almost always go very poorly for investors. This split however is the complete opposite of what those splits bring to the table, which goes to show why so many active investors have become so energized in their efforts to get involved in this fast moving stock. Because of the great reaction that has been seen with this play today, we here at Penny Stock Dream, are very happy to be able to bring this play to the attention of our energized investor base. It seems like this may only be the beginning for SITS, as they are in the midst of a great deal of planning and completions of prior plans. We highly suggest that everyone continue to keep an eye on this one.
Pennystockdream.com and its employees are not registered as Investment Advisers in any jurisdiction whatsoever. We encourage all of those that are interested in trading penny stocks, or any other form of investment, to conduct their own research to garner a better understanding of what they are getting involved in. Be sure to read the full pennystockdream.com disclaimer at: http://pennystockdream.com/disclaimer